Wales

Cardiff firm reported to be trading within expectations

EKF Diagnostics Holdings, an AIM-listed global diagnostics business based in Cardiff reports that their trading in the first half of 2023 is in line with board’s expectations.  The company’s H1 2023 revenues from continuing operations were £26.3m compared to £34.4m adjusted in the same period last year. When any revenue made during Covid is removed, […]

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Major BTR opportunity has been launched in Cardiff

The Residential Investment and Cardiff Land teams of Knight Frank have launched a £100 million build to rent opportunity in Cardiff city centre.  Acting on behalf of Rightacres Property Co, this 0.52-acre site, designated ‘Plot 5’, represents the last undeveloped parcel of land within Cardiff’s Central Square regeneration project. This £450 million ten-year masterplan brought

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Company insolvencies increase again as “perfect storm” of pressures hits businesses

Company insolvencies continue to creep up in England and Wales, according to analysis of new Insolvency Service data by the Corporate Recovery team at Xeinadin Group (“Xeinadin”), one of the leading professional services groups in the UK and Ireland. There were 2,163 company insolvencies in June, up 27% on June 2022. Overall, in Q2 there

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EE Experience Store has been launched in Cardiff

EE has brought the UK’s first Experience store to Cardiff’s Queen Street this week The national mobile network operator and internet service provider said the new concept “reinvents the role of the traditional phone shop”. It said it would enable shoppers to “get up close and personal” with the latest innovation and give the South

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Cardiff based Funeral Director reveals local investment

The Cardiff based Coles Funeral Directors have revealed they’ve made a significant investment in Rumney, creating several new jobs and doubling the size of its funeral home.  Rumney was the site of Coles Funeral Directors’ first funeral home in the city almost 20 years ago. Since then Coles has expanded its reach across areas like

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Cardiff Airport selects its latest charity partner

Cardiff Airport has announced British Heart Foundation Cymru as its chosen charity partner for the next 12 months. This news comes following an airport-wide vote, where employees voted from three shortlisted charities that were identified following an application process earlier this year. Spencer Birns, CEO of Cardiff Airport said; “It is fantastic to be working

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Welsh industrial property take up drops in the second quarter of 2023

Global property consultancy Knight Frank found that take up of large industrial property across Wales was down significantly in the second quarter of 2023 compared to this time last year. The level of activity for properties over 50,000 sq ft was 177,000 sq ft lower than during Q2 2022 and less than half the number

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Cardiff solicitors acquired by top firm

Loosemores Solicitors has been acquired by Top Law Firm Hugh James as part of the James’s strategy to grow its corporate and commercial services as well as strengthens their expertise across the Sport, Media and Charities sectors and complements the full-service client offering and growing UK presence. Loosemores is a well-established boutique law firm that

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